Quote from: BitCoinDream on September 11, 2014, 08:07:08 PM

Quote from: franky1 on September 11, 2014, 07:28:39 PM

why are people so upset about price movements.. what your mindset should be is this..

price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later

if your mind set is
price rise: i wish i bought sooner
price drop: i wish i sold sooner

then you are in the wrong game and should try another hobby

Well... I agree that it is a buy time. But standing at 600, how do u know what's your next course of action. Buy/Sell ?

If you had done this when the price was fluctuating between 500 and 530 you could have made a loss when the price suddenly crashed to 465.